Though Soros has faced criticism for other investment decisions before and since, the French conviction over trades in 1988 left a particular stain on the Hungarian-born businessman and philanthropist's five-decade career.

The Italian 'Rinascita' Daily asserted that the so-called Syrian Council, born in Istanbul on Sunday, gathers 'many of strange pseudo opposition movements which have arisen in the West, and not in Syria,' and that foreign governments stand 'behind its funding'.

In an Article by Matthew Bernabei, the Daily pointed out that such a Council' is not well seen by the opposition coalitions' inside Syria, citing the contradictory components of this council including radical movements.

Rinascita concluded that the formation of such a council, apart from its pseudo and contradictory components, is in line with the schemes of those who view Syria as the target for their new project.